[RFP for Selection of Acquirer Bank for FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 14 Fee Plazas in the Delhi NCR Region (Bundle-DL 01) on Fixed Transaction Fee Model] open
AI summary
This tender provides details about the project including scope of work, estimated value, deadlines, and eligibility requirements.
Overview
This tender is issued by the National Highways Authority of India for the selection of an Acquirer Bank to implement FASTag-ANPR based Multi Lane Free Flow (MLFF) User Fee Collection at 14 Fee Plazas in the Delhi NCR Region. The tender follows an open bidding process and is categorized under services.
Scope / Work
The work involves the selection of an Acquirer Bank that will manage the user fee collection through the FASTag-ANPR system at specified fee plazas. The contract will be based on a fixed transaction fee model. The total period of work is estimated at 1975 days, with a bid validity of 120 days.
Fees & EMD
- Tender Fee: ₹25,000, payable to IHMCL at New Delhi. No exemptions are allowed.
- EMD (Earnest Money Deposit): ₹3,000,000, also payable to IHMCL at New Delhi. No exemptions are allowed.
Key dates
- Publish Date: 10-Mar-2026 01:05 PM
- Bid Submission Start Date: 10-Mar-2026 01:15 PM
- Bid Submission End Date: 27-Apr-2026 05:00 PM
- Bid Opening Date: 28-Apr-2026 05:30 PM
- Document Download Start Date: 10-Mar-2026 01:10 PM
- Document Download End Date: 27-Apr-2026 05:00 PM
Documents
- Tender notice
- Tender Documents
How to proceed
Interested bidders should download the tender documents from the provided links, ensure compliance with the eligibility criteria, and submit their bids before the deadline. It is advisable to prepare for the bid submission by considering the EMD and tender fees as specified.
AI insights
Key highlights
- high EMD size
- tight bid submission timeline
- fixed transaction fee model
- no exemptions on fees
Financials
| Tender value | Undisclosed |
|---|---|
| EMD amount | ₹30,00,000 — payable to IHMCL at NEW DELHI |
| Tender fee | ₹25,000 — payable to IHMCL at NEW DELHI |
Payment mode Offline
Timeline
| Publish date | 10-Mar-2026 01:05 PM |
|---|---|
| Bid end | 27-Apr-2026 05:00 PM |
| Opening date | 28-Apr-2026 05:30 PM |
Documents available from 10-Mar-2026 01:10 PM to 27-Apr-2026 05:00 PM.
Tender Documents
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| Name | Size | Type | Action |
|---|---|---|---|
| NCR.rar | 3.78 MB | RAR |
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Work details
Location, category, and schedule for this procurement.
| Location | IHMCL |
|---|---|
| Category | Miscellaneous Services |
| Period of work | 1975 days |
| Bid validity | 120 days |
Tender basics
| Tender type | Open Tender |
|---|---|
| Form of contract | Item Rate |
| Tender category | Services |
| No. of covers | 2 |
| Organisation chain | National Highways Authority of India||Indian Highways Management Company Limited |
| Source portal | etenders.gov.in |
Authority details
| Inviting authority | AMIT RANJAN CHITRANSHI |
|---|---|
| Address | IHMCL NEW DELHI-110077 |
| Payment instruments | Offline (Bank Guarantee) , Offline (NEFT) , Offline (R-T-G-S) , Offline (Others) |
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